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foreign policy. and there's no disagreement about that in my country, that parliament passed last year unsl a policy, a resolution which def the icelandic objectives in the arctic. so together with the other countries, we hope to play a constructive part, and evidence of this was that a few months ago, one of our april civil servants and officials was chosen as the first director general of the secretary of the rctic council. >> the icelandic is coming out of financial turmoil. what would you consider the future of the krona, and are you at all considering any alternative currency for iceland? >> i think it's a positive indication of how we have moved out of the financial crisis, but i can come here to the national press club, and only when six minutes are left, i get that question orkt financial issue. nobody would have believed that four or five years ago. but that is the state of co together again and talk about how we recovered from the financial crisis and how we dealt with the crisis in a different way from many oer countries, how we did not follow the established orthodoxies of
. and really at the heart of it is the fact that one of obama's enduring legacies when it comes to foreign policy, he has solidified assassination as an essential component of policy. >> they can do it in the shadows, as you pointed out. in the book, i would say there hasn't been a lot of public resistance aside from people like you and others in the press. how have they done this without facing much resistance? publicly or inside the government from people who should be stepping up and saying, wait a minute, we can't kill u.s. citizens without due process? >> right, i think there's no question that if john mccain had won the election in 2008 or mitt romney had won it in 2012 that liberals would be screaming about this stuff and saying, you know, that -- there would be this thing, war crimes, we should do impeachment and the reality is that i think a lot of people -- and i think this is sincere. a lot of people so fed up with the iraq war, perceived as the sort of crimes of the bush administration they wanted it to end and the obama administration has sold people a bill of goods. the idea
incentive to buy many of the things is rising sharply, including foreign bonds. and i think certainly the strength of some of the so-called core markets in europe, like france, for example, the past few weeks, probably greatly are due to the shift in japan's policies and maybe it's also starting to shift a bit into the periphery. against the background of the ecb from what i can see preparing the grounds for possible further move of monetary expansion themselves. >> right. yeah. >> so the peripheral narrowing makes a lot of sense. german yields are at such low levels, i wouldn't want to be rushing to put some of the o'neill trust in there. i think the spread timing going on with it makes a bit of sense. >> it's just interesting, as you say, tu look at what japan is doing and the attention shifting now to not just what they hope to achieve, but whether they'll actually be able to accomplish it. after averaging 0.6% deflation for the last couple of decades, are they going to hit 2%? is there, you know, a reason why people here, after the rallies that we've seen, should be a little bit m
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